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Enpal: Secures € 345M in Debt Funding
FinTechFunding
Less than 1 min.Read

Enpal: Secures € 345M in Debt Funding

Steve Sam
By Steve Sam

Enpal Secures € 345M in Debt Funding

  • Enpal, a Berlin, Germany-based solar leasing company, raised € 345m in debt financing
  • The company secured senior debt commitments of € 275m from internationally leading investors BlackRock, Pricoa Private Capital and UniCredit
  • In addition, further institutional commitments of € 70m were signed in the form of a subordinated mezzanine loan
  • The company will use the funds to refinance the installation of more than 15,000 PV systems
  • The company is a provider of solar solutions for homeowners in Germany, with over 10,000 customers
  • The company offers PV systems and batteries in a leasing model

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